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Consider the following information:Cost of machine R80000Purchased 1 January 2022Estimated residual value at the end...

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Accounting

Consider the following information:Cost of machine R80000Purchased 1 January 2022Estimated residual value at the end of its useful life R20000Estimated useful life 4 yearsRequiredCalculate the depreciation charge for the year ending 31 December 2022. Answer: R Answer 1 Question 22Note: ONLY enter the amount [do not show your calculation, and do not make use of spaces, full-stops, commas, minus (-) or R-signs]. Example: 74550

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